[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 19 December 2022

  InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions in your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to …

Ukraine war could cut 1% off global growth: OECD

GS Paper: 3 Topic Covered: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Ukraine war could cut 1% off global growth: OECD Context The Organisation for Economic Co-operation and Development (OECD) recently reported that the Russian invasion of Ukraine could reduce the global growth rate by a percentage this …

International Energy Agency (IEA) and Electricity Market Report:

GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate.   Context: The early 2022 edition of the Agency’s bi-annual Electricity Market Report has been published.   Highlights of the report: Nations are largely turning to fossil fuels to meet the increase in electricity demand as Covid-19 lockdown restrictions are lifting. …

International Energy Agency (IEA):

GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate.   Context: The International Energy Agency (IEA) has invited India, the world’s third-largest energy consumer, to become its full-time member.   Implications: The proposal if accepted will require New Delhi to raise strategic oil reserves to 90 days requirement. India’s current strategic …